AUSTRALIAN SHARES

Evening Post, Volume CXXIII, Issue 111, 12 May 1937, Page 12

AUSTRALIAN SHARES

THE DEMAND FOR COLES

(By Telegraph—Press Assn.—Copyright.) SYDNEY, May 11. On the Sydney Stock Exchange today further weakness developed in Commercial Banking Co. of Sydney. Sales.—Colonial Sugar, £46; Commercial Banking Co. of Sydney, £22 10s; Burns, Philp, 72s 9d; Berlei, 39s 3d; Tooth's Brewery, 57s 9d; G. J. Coles, New Zealand delivery, £5 14s; later sale, £50155; Mort's Dock, 12s lOd; J. Stedman, 17s; Lustre Hosiery, 2s 6d; Standard Cement, 16s 6d; General Industries, 20s 6d; Rawang Tin, Us lOd; Larut Tin,. 19s: Placer Development, 955; Taranaki Oil, 4s lid; Mount Kasi, 7s 3d; Mineral Development, Is 6 ' '' MELBOURNE; May 11. . On the Melbourne Stock Exchange today, G. %. Coles continued in good demand, the directors having announced the probability of a workingagreement with Woolworths. , . •There was "some marking: down ' Of stock, particularly"Barriers, due more to a disinclination to trade in view of the approaching holiday than to weaKSales.—Commercial Bank of . Australia; 19s 6d; National Bank, £5 paid, £7 17s 6d; G' J. Coles, £5 14s 6d; Australian Iron and Steel, pref., 275; Drug Houses, 27s 3d; Australian; Glass, 9os 6d; Dunlop-Perdriau, ord., 21s sd; ditto, pref, 35s 9d; Australian Paper Manufacturers," rights, 2s; Silverton Trams, Electrolytic Zinc, ord., 58s 3d;. Mount Morgan, 155,2 d; -Mount Lyell, 475: 6d; Broken Hill Proprietary 84s 9d; New Broken Hill Consolidated, 19s .3d North Broken. Hill, 75s 3d; Broken Hill South, 50s 9d; Emperor, 16s lOd; Loloma, •20svl0id. ■ ■ , .. .'